Working with an outsourced managed account or UMA platform can add significant efficiencies to an advisor’s business. But the range of advisor and client experiences is wide – and execution risk varies – depending on the capabilities, policies, and processes of the chosen platform. These same factors have the potential to have a meaningful impact on an asset manager’s reputation as well. In this whitepaper, we explain Model Marketplaces & Managed Account Platforms and explore 17 questions you need to ask if you are considering outsourcing your investment operations functions.
By Barrett Ayers, President